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Great PR this morning. Orders for refurbished and late model equipment are the highest profit margin orders. AMMX goes to auctions and equipment sales and buys good used equipment for discounts and then refurbishes them and resells them for high profit.
PR just out to go along with 8k
ARGQ
Great work deserves it!
Lock up your shares at a high price so they can't be used by MMs. AABB
I need to pick up more shares this week. lol AABB
It is a great company. Can't wait for the bext Q. Should see some ibcrease in revenue and profit.
AABB Great DD Smitter!
yiannnisf, you mean "spread"? ARGQ traded at $.007 today which was what it closed at on Friday...there isn't any gap.
PrivateCitizen, thanks for sharing this. The second half of
2018 is going to be a block buster for AMMX.
-The audit will be complete and the form 10 will be submitted.
-Orders from the demo will be coming in.
-Orders from existing customers will be coming in.
-Orders from new customers will be coming in.
We all know that the 4th quarter is the best quarter for orders with AMMX.
You are confusing the two items:
- they are in the process of acquiring " Investment funds". to do this they arranged for loans ( funding ).
- So they have received loans ( funding ) and will close on their acquisions soon
They have not acquired any funds yet. They have closed on getting the money ( funding) to purchase the funds.
ARGQ
I wouldn't say that, but I could see $.05
ARGQ
Both!LOL
ARGQ
Even a blind person can see it will be well over $.01 when
ARGQ closes on the first 2 funds.
Iancnyc, Enthalpy answered your question( post # 100349) by saying that some people are waiting for the funds to be acquired.
You got that right!!
ARGQ
Iancnyc, instead of going on and on questioning things read the damn 8K from 6/11/18 and the attachment ( detailed agreement). No BS there.
All on the up and up.
ARGQ nailed a great agreement and some people can't see it ( or don't want to take the time to read the details)
KeepitReaslistic, you are 1000% correct. Most people don't read the filings or understand them fully.
ARGQ
AMMX news out. New orders totally $300k
ARGQ Read the agreement!! It is all there attached to the 6/11/18 8K.
ARGQ put together a great agreement.
ARGQ it says in the funding agreement with Xantis Aion that the conversion price is " (subject to equitable adjustments for stock splits and similar events)." So there is no benefit to Xantis for a reverse stock split...the conversion price would be higher than $.02 is a reverse stock split happens.
ARGQ has protected themselves.
This stock is going above $.02
ARGQ Kenny your welcome.
Kenny,
https://backend.otcmarkets.com/otcapi/company/sec-filings/12384804/content/html
It shows 9/27/2020 ( see link or below)
FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
SMITH PETER JAMES 2. Issuer Name and Ticker or Trading Symbol
GLOBAL EQUITY INTERNATIONAL INC [ GEQU ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__ X __ Director __ X __ 10% Owner
__ X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
X3 JUMEIRAH BAY,, OFFICE 3305 JUMEIRAH LAKE TOWERS 3. Date of Earliest Transaction (MM/DD/YYYY)
9/26/2017
(Street)
DUBAI,, CO 00000
(City) (State) (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
6/27/2017
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 114705145 D
Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 8. Price of Derivative Security
(Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series B Preferred Stock (1) 11/12/2017 (1) Common Stock 164675000 16467500 D
Series C Preferred Stock (2) 9/26/2017 J 1000000 9/27/2020 (2) Common Stock 100000000 (2) 1000000 D
Explanation of Responses:
(1) Each share of Series B Preferred Stock has 10 votes on all matters brought before meetings of shareholders, vote alongside holders of Common Stock and not as a separate class. Beginning on 11/12/17, each share of Series B Preferred Stock is convertible into 10 shares of Common Stock. The conversion privilege is perpetual with no expiration date.
(2) On 9/26/2017, Mr. smith converted $100,000 of accrued salary into 1,000,000 shares of Series C Preferred Stock. Each share of Series C Preferred Stock has 100 votes on all matters brought before meetings of shareholders, vote alongside holders of Common Stock and not as a separate class. Beginning on 9/27/2020, each share of Series C Preferred Stock is convertible into 100 shares of Common Stock. The conversion privilege is perpetual with no expiration date.
ARGQ Kenny it is 2020
DFCO you have to like this line in the news today:
"The new corporation is the first of new ventures that DFCO is creating."
ARGQ
Shareholders Update
On December 4, 2017, the Company executed an agreement with Mammoth Corporation in which it was agreed to that Mammoth would suspend further conversion of debt into equity and receive the remaining debt in six equal and manageable payments.
Today, June 27, 2018, the Company would like to inform its shareholders that the outstanding debt with Mammoth Corporation has now been paid in full hence no further monies are owed or outstanding.
Also, the Company´s remaining convertible debt with Xantis Private Equity Fund, William Marshal Plc. and also Xantis Aion Securitization Fund will become convertible 366 days after each tranche of funding was received, to date, January 13, 2019, January 24, 2019 and June 9, 2019 respectively. The agreed conversion terms of these financing agreements, as per the Forms 8-k filed with the SEC, were the following:
“On each Maturity Date, the outstanding Convertible Notes shall be automatically converted into shares of Borrower’s common stock at a conversion price equal to the greater of US$0.02 or the average closing price of Borrower’s common stock on the Over-the-Counter Bulletin Board for the prior 60 trading days. ”
Finally, the Company would like to confirm that there is no default clause contemplated in any of the three funding agreements whereby either William Marshall Plc, Xantis Private Equity Fund and Xantis Aion Securitization Fund could convert their investment into equity at a price lower than $0.02.
ARGQ new 8K out!
AMMX just spoke to Transfer agent. Share structure unchanged. Zero dilution
753,415,879 OS
494,847,441 Restricted
Tony, you got that right! A good sales PR takes us to $.05 and completion of the audit takes us near $.10
AMMX
AMMX's territory is only on the West Coast
AMMX $.0298 bid with 2 minutes to open
AMMX Welcome aboard Panzer! I am looking forward to more orders, audit and uplisting.
AMMX Smitter I agree. Also, doing an audit on a company with on going operations is totally different than doing an audit on a shell without an on going business.
AMMX is getting it done.
AMMX Nice bids. $.0275s up
I agree that the audit will be done soon and then they will file the form 10.
We are in great shape here and it's just the beginning.
And how do you know this? You state it like it is fact
SLDC name change on MN state site but not on OTC or FINA.
https://mblsportal.sos.state.mn.us/Business/SearchDetails?filingGuid=fab418e2-b2d4-e011-a886-001ec94ffe7f
And CEO gave up 36% of his shares.
Something in the works on this under the radar ticker.
AMMX #15 on breakout boards
AMMX great news today. They are making all the right moves to make the company BIG!